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Fluor Corp Among Today’s Top Shorts As Big Tech And Cruise Lines Rebound

After jobless claims reached another pandemic-era low yesterday, coupled with the stabilization of Bitcoin’s price, the market broadly gained for the second straight day. The Dow Jones rose 200 points, and both the S&P 500 and Nasdaq
NDAQ
gained 0.5%. The majority of sectors were solidly green on the day. Both Big Tech and recovery plays such as cruise lines sharply rebounding. It was the type of broad, balanced green day which we have not seen for a while. If you’re looking for a way to play this market, the deep learning algorithms at Q.ai have crunched the data to give you a set of Top Shorts. Our Artificial Intelligence (“AI”) systems assessed each firm on parameters of Technicals, Growth, Low Volatility Momentum, and Quality Value to find the best short plays. 

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Fluor Corp (FLR)

Fluor Corp
FLR
 
is our first Top Short today. Fluor Corp is an engineering and construction firm. It is a holding company that provides services through subsidiaries in oil and gas, industrial and infrastructure, government and power. Our AI systems rated Fluor Corp D in Technicals, D in Growth, D in Low Volatility Momentum, and C in Quality Value. The stock closed down 4.29% to $17.84 on volume of 3,733,005 vs its 10-day price average of $21.09 and its 22-day price average of $22.08, and is up 12.77% for the year. EPS grew by -41.2% in the last fiscal year. Revenue was $15668.48M in the last fiscal year compared to $18851.01M three years ago, Operating Income was $144.96M in the last fiscal year compared to $426.32M three years ago, EPS was $(3.1) in the last fiscal year compared to $1.22 three years ago, and ROE was (15.85%) in the last year compared to 6.56% three years ago. Forward 12M Revenue is expected to grow by 2.81% over the next 12 months, and the stock is trading with a Forward 12M P/E of 22.39.

MORE FROM FORBESFluor (FLR)

Hexcel Corp (HXL)

Industrial materials company Hexcel Corp
HXL
 
is our second Top Short. The Connecticut based company focuses on developing and manufacturing structural materials. Our AI systems rated Hexcel D in Technicals, F in Growth, D in Low Volatility Momentum, and D in Quality Value. The stock closed up 1.2% to $52.36 on volume of 526,592 vs its 10-day price average of $52.25 and its 22-day price average of $54.57, and is up 12.41% for the year. Revenue was $1502.4M in the last fiscal year compared to $2189.1M three years ago, Operating Income was $72.0M in the last fiscal year compared to $378.9M three years ago, EPS was $0.38 in the last fiscal year compared to $3.11 three years ago, and ROE was 2.14% in the last year compared to 19.64% three years ago. Forward 12M Revenue is expected to grow by 5.91% over the next 12 months, and the stock is trading with a Forward 12M P/E of 85.79. 

MORE FROM FORBESHexcel (HXL)

Kirby Corp (KEX)

Kirby Corporation
KEX
is today’s third Top Short. The Houston-based company is the largest tank barge operator in the United States, and transports bulk liquid products throughout the Mississippi River System, the Gulf Intracoastal Waterway, along all three U.S. Coasts, and in Alaska and Hawaii. Our AI systems rated the company F in Technicals, F in Growth, C in Low Volatility Momentum, and C in Quality Value. The stock closed down 1.9% to $65.2 on volume of 282,307 vs its 10-day price average of $67.4 and its 22-day price average of $65.53, and is up 26.55% for the year. EPS grew by -126.08% in the last fiscal year. Revenue was $2171.41M in the last fiscal year compared to $2970.7M three years ago, Operating Income was $148.31M in the last fiscal year compared to $251.7M three years ago, EPS was $(4.55) in the last fiscal year compared to $1.31 three years ago, and ROE was (8.41%) in the last year compared to 2.5% three years ago. Forward 12M Revenue is expected to grow by 3.46% over the next 12 months, and the stock is trading with a Forward 12M P/E of 44.44.

MORE FROM FORBESKirby (KEX)

Plug Power Inc (PLUG)

On our Top Shorts list once again is Plug Power Inc. Plug Power is a company at the forefront of automotive innovation with its development of hydrogen fuel cell systems. The goal of this company is to develop mechanisms to eventually replace conventional batteries in equipment and vehicles powered by electricity. Unfortunately, though, the stock has been hit very hard over the last few months. Our AI systems rated Plug Power F in Technicals, D in Low Volatility Momentum, and F in Quality Value. The stock closed flat at $27.47 on volume of 39,090,800 vs its 10-day price average of $24.24 and its 22-day price average of $25.71, and is down 14.61% for the year. Revenue was $-93.24M in the last fiscal year compared to $174.22M three years ago, Operating Income was $(576.61)M in the last fiscal year compared to $(76.44)M three years ago, EPS was $(1.68) in the last fiscal year compared to $(0.39) three years ago, and ROE was (74.61%) in the last year compared to (157.5%) three years ago.  

MORE FROM FORBESPlug Power (PLUG)

Royal Caribbean Group (RCL)

Cruise Line Royal Caribbean
RCL
 is our final Top Short. Royal Caribbean is It is the world’s second-largest cruise line operator after Carnival Corporation
CCL
. The trend appears to be encouraging for the near-term future of the cruise industry due to pent up demand. After all, the stock continues hovering around its highest levels in some time. Our AI systems rated Royal Caribbean F in Technicals, F in Growth, C in Low Volatility Momentum, and D in Quality Value. The stock closed up 0.8% to $84.66 on volume of 3,146,103 vs its 10-day price average of $82.84 and its 22-day price average of $84.21, and is up 19.71% for the year. EPS grew by -8.99% in the last fiscal year. Revenue was $2208.8M in the last fiscal year compared to $9493.85M three years ago, Operating Income was $(3035.18)M in the last fiscal year compared to $1937.82M three years ago, EPS was $(27.05) in the last fiscal year compared to $8.56 three years ago, and ROE was (53.74%) in the last year compared to 16.25% three years ago. Forward 12M Revenue is also expected to grow by 89.0% over the next 12 months.

MORE FROM FORBESRoyal Caribbean Group (RCL)

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